Notification of the results of the Sample Clauses

Notification of the results of the tender procedure 1. The Contracting Authority shall inform the candidate Contractor of the Award Decision. 2. The Contracting Authority shall inform by letter all Tenderers, in the event that the tender procedure is cancelled. In all other cases the Contracting Authority shall notify the unsuccessful Tenderers of the decision taken and of the reasons for it. 3. The Contracting Authority shall notify to every disqualified Tenderer who submits a relevant application, within a deadline of fifteen (15) days of receipt of such application, the reasons for which its Tender was rejected and, where the Tenderer has submitted an admissible Tender, the key features and advantages of the selected Tender, as well as the name of the contractor, with due observance of the provisions of the Law.
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Notification of the results of the tender procedure 1. The Contracting Authority shall inform the candidate Contractor of the Award Decision. 2. The Contracting Authority shall notify the Tenderers of the decision taken and of the reasons for it, as per the provisions of article 54 of Law 73(I)/2016.

Related to Notification of the results of the

  • Financial Condition There shall have been no material adverse change, as determined by Bank, in the financial condition or business of Borrower, nor any material decline, as determined by Bank, in the market value of any collateral required hereunder or a substantial or material portion of the assets of Borrower.

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